What is a royalty when buying a franchise?

 

A: A royalty when buying a franchise is when the franchisee pays a percentage of the gross sales on a monthly basis to the franchisor.

For additional information on purchasing a franchise request a complimentary copy of "An Entrepreneurs Guide to Purchasing a Business or Franchise" by Charles N. Internicola, Esq. For immediate assistance contact my law firm at 1-800-976-4904.

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